{ "crd_number": 110540, "slug": "citadel-investment-advisory-inc-chesterland-oh-110540", "primary_business_name": "CITADEL INVESTMENT ADVISORY INC", "legal_name": "CITADEL INVESTMENT ADVISORY INC", "dbas": [], "city": "Chesterland", "state": "OH", "country": "United States", "cbsa_code": "17410", "metro": { "cbsa_code": "17410", "common_name": "Cleveland", "msa_name": "Cleveland, OH", "path": "/advisors/oh/cleveland" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-02-26", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-03-12", "carried_forward": false, "raum_total": 278251133.0, "raum_discretionary": 278251133.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 34308365.0, "count": 61 }, "high_net_worth_individuals": { "raum": 243942768.0, "count": 57 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "OH" ], "websites": [], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110540", "city_as_filed": "CHESTERLAND", "url": "https://advisorcensus.com/firm/citadel-investment-advisory-inc-chesterland-oh-110540", "display_name": "Citadel Investment Advisory Inc", "summary": "Citadel Investment Advisory Inc is an SEC-registered investment advisory firm in Chesterland, OH, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.", "citation": "AdvisorCensus. Citadel Investment Advisory Inc (CRD 110540): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is Citadel Investment Advisory Inc compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Citadel Investment Advisory Inc reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Citadel Investment Advisory Inc located?", "a": "Citadel Investment Advisory Inc's principal office is in Chesterland, OH, according to its Form ADV." }, { "q": "Is Citadel Investment Advisory Inc registered with the SEC or a state?", "a": "Citadel Investment Advisory Inc is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 110540." }, { "q": "How much does Citadel Investment Advisory Inc manage?", "a": "Citadel Investment Advisory Inc reports $278,251,133 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary)." }, { "q": "How have Citadel Investment Advisory Inc's assets and staff changed since 2021?", "a": "In the Form ADV data for Citadel Investment Advisory Inc: Regulatory assets under management: $181,824,000 in the October 2021 data and $278,251,133 in the October 2026 data, up 53%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Citadel Investment Advisory Inc serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (61); high net worth individuals (57)." }, { "q": "Does Citadel Investment Advisory Inc report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/110540" }, { "q": "What changed in Citadel Investment Advisory Inc's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $234,926,586 to $278,251,133 (+18%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 181824000.0, "total_employees": 1, "filing_date": "2021-03-02" }, { "period": "2022-10-01", "regulatory_assets_under_management": 210722000.0, "total_employees": 1, "filing_date": "2022-03-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 183667000.0, "total_employees": 1, "filing_date": "2023-03-23" }, { "period": "2024-10-01", "regulatory_assets_under_management": 204062357.0, "total_employees": 1, "filing_date": "2024-03-14" }, { "period": "2025-10-01", "regulatory_assets_under_management": 234926586.0, "total_employees": 1, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 278251133.0, "total_employees": 1, "filing_date": "2026-03-12" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $234,926,586 to $278,251,133 (+18%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/citadel-investment-advisory-inc-chesterland-oh-110540.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 61, "fewer_than_5": false, "raum": 34308365.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 57, "fewer_than_5": false, "raum": 243942768.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110540", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }